Tata Steel gains as Citi upgrades stock to `Buy`

Tata Steel gained on Monday after global firm Citi has upgraded the company to "Buy" from "Neutral". Citi upgraded thestock on theback of attractive valuations after a 32% underperformance versus the Sensex over the past year.Shares ofthe companyare trading at Rs 380.65, up Rs 6.85, or 1.83% at the Bombay Stock Exchange (BSE) on Monday at 1:09 p.m.The scrip has touched an intra-day high of Rs 383 and low of Rs 374.50. The total volume of shares traded at the BSE is 556,917.In the earlier session, the shares climbed 0.84%, or Rs 3.1, at Rs 373.80. Currently, the stock is trading down 24.17% from its 52-week high of Rs 502.00 and above 14.53% over the 52-week low of Rs 332.35.

Share Price Movement Period Pricein Rs Gain/(Loss) in Rs in % 1 Week 362.50 11.30 3.12 1 Month 400.40 (26.60) (6.64) 3 Months 409.85 (36.05) (8.80) 6 Months 467.15 (93.35) (19.98) 1 Year 476.95 (103.15) (21.63) Note: Based on previous day closing price.